Assignment of Contract

# Assignment of Contract **Effective Date:** ___________ This Assignment of Contract ("Assignment") is entered into by and between: **Assignor:** ___________ ("Assignor") **Assignee:** ___________ ("Assignee") ## 1. Original Contract This Assignment pertains to the following contract: **Title of Original Contract:** ___________ **Date of Original Contract:** ___________ **Original Parties:** ___________ **Reference or Contract Number (if applicable):** ___________ (the "Original Contract") ## 2. Recitals WHEREAS, the Assignor is a party to the Original Contract; and WHEREAS, the Assignor desires to assign and transfer all or part of its rights and obligations under the Original Contract to the Assignee; and WHEREAS, the Assignee desires to accept such assignment and assume the corresponding obligations; NOW, THEREFORE, in consideration of the mutual promises herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows: ## 3. Scope of Assignment **This assignment covers:** ___________ **Specific rights and/or obligations being assigned (if partial assignment):**